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on the table hits the big three really hard. but feel good about the fact that tonight john boehner was having pizza with the tea partiers. the folks that say they won't sign on to anything. congressman kucinich calls the plan a raw deal. he's here and he's fired up tonight. this is the ed show, let's get to work. >> all of the candidates are going to have to demonstrate they can do all of the job all of the time. >> tim pawlenty is taking cheap shops at a republican front-runner. tonight i'm going to defend michele bachmann. >> i'm not going to allow anyone to take a pufrmg at me. >> alan west refuses to apologize for his sexist remarks. today he says she owes him an apology. where's the outrage? >>> if you thought the defense of news corp. was odd, wait until you hear bill o'reilly's stance. >>> the president first tried to sell his plan to nancy pelosi and harry reid. and then the obstructionists came over to the white house. boehner and mk skon el. they have to convince members of their party to accept over a trillion dollars in revenue increases in order to take this zeal. don't hold your
," my name is jon stewart. big show. big, big, big, big, big show. our guests tonight, we have on tonight's program pakistan's former president pervez musharraf. my guess is we'll have a delightful beverage and a lovely conversation. (cheers and applause) so let's begin tonight with the on going "news of the world" phone hacking scandal. to get you caught up, a seemingly simple story. ma and pa owned newspaper hacking into a murdered little girl's phone and... (laughter). ... paying the police to cover it up. has unfortunately turned ugly. (laughter) as of now, london's two top policemen at scotland yard let's call them officer blu rotton has resigned. andrew colton has been arrested and sunday tragically authorities arrested poor mrs. weasley. (laughter) wait, no that's not mrs. weasley. sorry, tragically, authorities arrested the guy from simply red. yeah, that's it. actually, arrested was rebekah brooks, the woman who ran "news of the world" during the worst of-- as the british call them-- the troubles. (laughter) brooks had already resigned her post friday, ostensibly to sp
-year-old and her big sister were playing in front of the apartment complex you to see behind me when a come came up to them and offered to buy the little girl some candy. big sister saw that as a red flag and went in to tell mom. denise and her 3-year-old sister were playing outside of their san jose apartment complex monday night when a stranger started talking to jasmine. >> she started complimenting my sister saying you're so cute. she told her let's go the store and i'll buy you some chocolate. and she thought it was her daughter. >> reporter: concerned the 14-year-old denise grabbed her little sister and headed back to her second story apartment. minutes later this 26-year-old woman barged into the apartment and grabbed jasmine who she insisted was her daughter. >> she said that's my baby and tried to grab her. my mom tried to stop her. lady was pushing her. then after that, i called the police. >> reporter: when denise held her sister and called 911 her mom stood in front of the girls blocking for resfrom getting to her. her mom said she was also concerned flores might make kni
enough to get a compromise and to get it through both houses. that remains a big question this afternoon, and -- and it doesn't seem like we've got a clear answer on really where that goes yet. >> all right. let's get out of the beltway for a second here, kate, because we've got a poll today showing 62% of americans now favor raising the debt ceiling one way or another, either with or without debt reduction. got a block of senate republicans accepting higher revenues, ie taxes, as part of tax reduction. are these holdout house republicans becoming more isolated, and are they begin to feel the heat to compromise here? >> reporter: it's hard to say. we've talked to some very conservative republicans about that, and they stand very firmly in their belief that they do not think this a tax increase should be part of any debt deal because they don't think that it's good for the economy, and they say many of them were elected in 2010 really basically on this point, that they need to get the country's fiscal house in order and not continue spending, spending, spending, that they should be reduci
business with the united states that is making a very big profit. china is going to make $300 billion on us at least this year. and they just revised that recently, i don't know if you saw. they said those numbers are going to be low. so we have to take our country back. >> what do you think of this gang of six plan? do you think it's workable from what you've seen? >> from what i've seen, nobody really knows exactly what it represents and what it is yet. but at least they're in there pitches and trying to make the big deal. the big deal is really the deal they should make. i don't like the punt. i don't like the deal where we kick it down the road for six months. this is the time to make the deal. and i have to tell you, the republicans have the cards. people might not think that, but the republicans have all of the cards. and this is the time to get rid of obama care. this is the time to make the great deal. >> i've been following you on twitter and you've been aggressive about obama on the economy. you believe he can't stop spending and that america has to stop spending. one of his belie
had an attendant that would take a passenger's request and then operate the car. the big change was the emergence of a electric elevators. starting in 1880, the electric elevator allowed building dollars to go much higher. we evolved from steam hydraulic elevators to the electric elevators that are not that much different from what we are going to see now at the top of the tower. this is the steam room on the top of the state st. francis. -- on top of the state francis. the equipment you see painted green, that is all the original equipment from 1972. we are just now in the middle of modernizing this equipment. >> why modernize? doesn't the equipment works fine? >> it does, it is of analog and intensive, and there are some additional controls. let me introduce the foreman to you. this is vince. he can do a better job explaining the project details. >> what is happening here, what are you doing? >> we are doing a major modernization. we are tearing out the old system, logic controls, and generator controls, and we will be going over to solid state. this is not your standard selec
people on board. it looks like right now they're headed in the right direction toward a big plan, exactly what the president wanted. lynn? >> brian, thanks so much. well, last night on "chris matthews," chris asked gang of six senators, mark warner what sets their deficit reduction plan apart from other proposals put forth by republicans? >> this is the first time we've seen a bipartisan plan that includes revenues, that, it really is comprehensive, it's bipartisan. it isn't perfect. but when the alternative is we're going to drive this country over the cliff, i think we've got to start with something that actually gets the job done, that gives us that comprehensive approach, and the fact that we had a whole lot of democrats and republicans yesterday saying, yeah, i'm ready to at least move to the next step, was a good sign. we've got to realize we're 13 days away from a default. we're 13 days away from an indirect tax increase with every american where their interest rates skyrocket and the government can't pay its bills. we've got to be responsible and get something done. if we can buil
people on board, it looks like right now they're headed in the right direction towards a big plan, exactly what the president wanted. lynn. >> brian mooar there for us in washington. >>> now here's a look at other stories making news. a police chase in arizona ended with two suspects receiving quite a jolt. the brother and sister duo suffered the shocking reprecussions after refusing commands to surrender following a 30-mile pursuit. mri police tasered both and arrested them both further incident. >>> texas police are working around the clock to catch an armed bank robber dubbed the handsome guy bandit. he has robbed six banks wearing a life-like facial mask. they still have not been able to identify him. >>> just when you thought it was safe to go back in the water for one florida family it was anything but. a four foot gator got in a few laps before an animal control officer showed township remove him from the animal pool. he came from a canal located across the street. >>> finally, in minnesota soaring temperatures have created a new way to cook up some treats. look at that. a
of the substance of the proposal, it's too big. there is no time to get something this big done before the august 2 deadline. it literally cannot be passed through the senate in time even if everybody likes it. the other rainbow/sunshine problem here is the president and the senate agreeing on this or anything doesn't get you further towards raising the debt ceiling, it's not just the president and the senate, it's crazy town down the hallway too, it's john boehner's republican house, that likes the idea of the nation defaulting, that thinks the explosion of the economy might be pretty or at least warm for a second. they are not looking for a good deal or achieve particular policy objectives, regardless of what they get, they are not going to vote to raise the debt ceiling. the republicans who are running for president from the house of representatives, for example, are not saying don't raise the debt ceiling unless, don't raise the debt ceiling until, they are saying don't raise the debt ceiling at all. let's see what happens. this is how republican congresswoman michele bachmann's first president
says she manages the migraine with medication and is otherwise healthy. with all of that said, big news out of texas today, the gor rick perry who said he recently feels a calling to national politics has now gotten green light from key constituent, his wife. >> as my wife was talking to me and says get out of your comfort zone. yeah, being governor of texas is a great job. but sometimes you are called to step in to the fray. >> reporter: no word on a timetable yet. unclear whether perry will participate in the straw poll. his aides here tried to respect event facilities and were told they missed the deadline now they're pulling back resources. perhaps he won't participate the straw poll but there is a chance he could be on the debate stage a few days beforehand. >> bret: a lot of flirting here going on. thank you. we'll talk about it in the panel. the man charged with the 2009 fort hood shooting rampage major nidal hasan was arraigned today and faces 13 counts of premeditated murder and 32 counts of attempted premeditated murder. the prosecution is seeking the death penalty. we'll show
night to the people who had lost it. now the big operation is to try to get things ready as quickly as possible on georgia avenue. that looks to be about 180 feet of pavement they'll have to get out of the way. then back fill properly and then pave. >> we're hopeful that it will be ready by this evening. >> we've noticed folks speeding through this area. what would you like to tell drivers coming on georgia avenue northbound? >> well, slow down. take it easy. we don't want you to be gawkers but we want you to slow down and respect the work our crews are doing on the other side. the last thing you need here is an accident in a work zone and just take it easy. >> thank you a.j. hudson with wssc. they'll be here for awhile. they're hoping by rush hour this evening. angie? >> thank you, surae reporting live from wheaton, maryland. what we're looking at now is the detour. the way to get around it. volume is still pretty light out here on randolph road. that's the way you're going to want to go. take randolph over to connecticut. that will take you to veirs mill road where you'll be able
, and it cracks. what happens is the road actually buckles or explodes, as they say, which leads to those big, major potholes. that causes traffic jams, it also leads to city budgets being drained because of the work crews. it's not just the roads. you look at some of the homes. again, the ground dries up, no rain to moisten it, and what happens is it cracks. and when the ground cracks, your home settles. when your home settles, the foundation -- as you can see there -- cracks. it is a major, major concern. listen to this. >> we're just noticing them all over the outside of our house. i am worried. um, i don't know what to do, i mean, do i ke my hose on or my sprinkler on? >> reporter: when the temperatus stay in the 90s for extended period of times, the -- periods of time, the problem for farmers is trying to keep their animals and plants cool, and it's almost impossible, so you have many animals that are dying. that leads to rising food prices. listen to one farmer. >> those birds were full size, current goes off, i've got less than five minutes to get fans running. and if it fries somethin
having the best year of his career, and that leaves the new york mets with a big decision to make. here's nbc's fred roggin with an early look at all your sports headlines. >>> good morning. if you are a mets fan and you like jose reyes, you probably woke up with a pretty big smile on your face. despite being out of the playoff hunt, the team says they will not deal their all-star shortstop in the trade deadline in two weeks. the same couldn't be said for carlos beltran. he'll likely be dealt, and the ray with a two-run game-tying blast against the cards. in the tenth a walk-off solo shot. the mets are keeping reyes and keeping things interesting with a 6-5 win. >>> the astros and nationals tied in the 11th. pinch hitter michael singleton the game winner. houston walked off with a 3-2 win. >>> former cubs outfielder doug blandoff threw out the first pitch. the wind-up and watch out. it sailed over the catcher and into the backstop. it only got worse for the cubs. jimmy rollins from both sides of the plate. one in the second, and another in the eighth. phils win big 9-1. >>> boston's gen
. >>> big winners during the heatwave are ice cream shops. double digit increases in the business because there's no such thing as bad ice cream cones but there's signs how different it will melt. the height sugar content, the less likely it will melt faster -- the higher the sugar content, the less likely it will melt faster. is it too early for ice cream? >> no. that's what i have meteorologist orders. i put that on my facebook sometimes and the meteor gist orders a ice cream, ice cream and more ice cream. yes. it's going to be a hot one. right now, that moisture is coming in at 75. that's the dew point. so we are feeling oppressive everywhere close do 8 -- to 08 in east ofnlt it's -- 80 in easton. it is sicken outside. the -- sickening outside. the weather pattern has the heat moving into today, tomorrow and saturday. the satellite radar not picking up on a lot. we will see plenty of sunshine going throughout the day. hazy in nature but the sunshine is beating down on us. slight chance for maybe an isolated shower or thunderstorm to move in as we go into the afternoon. but the tropics
on a big deficit reduction plan that includes massive spending cuts, tax reform and entitlement reform, tax increases. so you can see here the clock is ticking and the end game here still very unclear. >> this thing just keeps on developing and you hear hopefulness and then schedules. you will keep us posted when you hear there's actually some kind of timeline we have to figure out whether we are going to have money to pay our bills on august 3rd or not. >> after two days of explosive hearings in the uk phone hacking scandal, relatives of 9/11 victims in the u.s. are now saying they will be meeting with attorney general eric holder soon. they asked for the meeting one-on-one since the fbi started investigating allegations that "news of the world" hacked the phones of survivors, victims and their families. the meeting has yet yet been set. >>> rupert murdoch is back in the united states. he and his wife returned to their new york home yesterday. there is a lot on rupert murdoch's plate. news corp. is facing an fbi investigation and at least two u.s. based lawsuits filed by shareholders. also
quickly. that's still four or five years away and maybe deep space beyond. that's where the big questions are, whether we're going to follow through on that promise. >> you just described to us earlier how this is a record breaking crowd there at the kennedy space center. tell us what happened when the shuttle landed. >> for the first time in my coverage of the space shuttle landings, there was a huge round of applause as it landed. a lot of excitement. and there certainly is the sense of wow, this is really it. this is the very final time we're going to see this down. it's a little bit of a drag that it was predawn. it's really hard to see. usually see the shuttle approaching the runway because the lighting change on the runway lights being obscured by the shuttle coming in but then come flying behind us on the runway with a big parachute out dragging it down to a slower speed but certainly there was a lot of pride, i think, here watching this end of an era and, of course, you know, we had the big private commercial taxi service you mentioned, tom, in october, i believe, the big falcon l
of the program in just a little while. >> then a big scare in north carolina's outer banks. a 6-year-old girl attacked by a shark in a foot and a half of water. her mother was just a few feet away. luckily, this little girl survived and we'll be there live in just a little while. plus some important health advice for women. a new recommendation about when and how often you should get a mammogram, but it's confusing. it contradicts another recommendation that came out a year and a half ago. what are women to do? dr. nancy snyderman will be here to help us sort all of it out. >>> let's begin with the dramatic end to the space shuttle program. tom costello is at the kennedy space center. you had a front row seat. what was it like? >> it was a dramatic day and an emotional day for everybody here and it is not over. america's space shuttle program, 30 years ongoing since 1980, '81, actually is how in the history books. "atlantis" came down at 5:57 eastern time, it was its 33rd mission. in all, it's trekked 25 million miles, 327 days in orbit and at 5:57 this morning it came on rest on runway 15. h
's population will be sweltering in a dangerous heat wave today. hot air and high humidity will make big cities along the i-95 corridor feel like a sauna. the national weather service says the heat wave may have contributed to 22 deaths already. >>> and london police are expanding their investigation into the phone hacking scandal. an official says it now involves newspapers beyond rupert murdoch's media empire including "the daily mail" and "daily mirror." the police task force has added 15 investigators, bringing the total working on the hacking scandal to 60. >>> nfl owners are meeting in atlanta today to vote on a tentative labor deal with players. the reported ten-year deal, if finalized, would divvy up the league's $9 billion in annual revenue. players were supposed to vote yesterday but never did, suggesting there's still a few details to work out. nfl fans say, enough already. >> 10% unemployment in the country, right? us poor folks scrap and scraping to get by. come on. it's billionaires against millionaires, right? can you not meet in the middle somewhere? >>> here's your chance to ta
headquarters and chief secure faces big challenges in the wake of saturday's shooting in the bayview. >> i love the bayview community. i've been at this opera house more times than i can count. >> reporter: now he was booed last night at the bayview opera house where more than 300 people showed up to talk about the fatal shooting of 19-year- old harding. he was supposed to answer questions about the incident which has sparked widespread community outrage and accusations that harding wasn't even armed. but an hour and a half into the meeting the angry crowd closed in on him and his command staff forced him to leave for his own safety. >> i don't care if you disrespect me but don't disrespect all the other people that came to talk. >> everyone is acting a fool. it's time to act right so you can hear us and get some help in this neighborhood. this is a crisis. [ indiscernible ] >> reporter: now this meeting comes after tuesday's protest where 43 people were arrested. those demonstrators were upset over saturday's incident when two officers in the bayview tried to detain harding for not paying his
dallas at 18 days of 100 degrees, shifted to the east today what that is, imagine a big lid on a pot, because all the worst heat is trapped underneath that dome. and the dome can't really move out of the way. it's being held in place. and a little dribble of cool air will move across the northern part of the country and give relief in northern areas. but no one else gets any relief from this big block of heat. >> until early next week. sam champion tonight and rich besser here, thank you. >>> we're going to turn to new warnings just as people flood into america's national parks for vacation. this alert comes after that tragedy that took three young looichls at yosemite. they were swept over a 317-foot waterfall. abc's david wright tonight on the other weather extreme that likely played a role in this. >> reporter: the majestic beauty be deadly if you get too close. in yosemite, a massive snow melt has made the water falls even more beautiful than usual. three young adults ignored the warning signs and jumped over the guardrails for a better view. >> i saw a girl sitting on the ledge
of 1995. if you remember, that, now all this high heat sliding to the east, over to the big cities. for boston, new york city, philadelphia, now three days that it's here. check for current conditions. 81 degrees. prince george's county, your temperature currently, your heat index, right now is at 80 degrees. tyson's corner in fairfax, you're feeling like 75. and montgomery county, heat index at 82 degrees. your day planner forecast, the air temperature will get up to 100 degrees this afternoon. by around 1:00. already by noontime we'll be up to 95 degrees. hazy skies. poor air quality also a factor for today. then we don't get much of a cool-off tonight, because by 9:00, it will still be up around 90 degrees. eun, aaron? >> 9:00 still 90 degrees. >> thanks a lot. >> this morning part of georgia avenue is still closed from a massive water main break. water crews are trying to fix a 16-inch main that broke yesterday morning. 4 million gallons of water spilled into the streets and damaged nearby homes. >> southbound georgia avenue is closed between randolph road and henderson avenue.
. but it remains to be seen whether there will be a big enough reduction in great that for that to happen, and whether they have managed to build a fire wall around greece. >> do you think this deal is just another sticking plaster? >> i think it will be difficult for this deal completely to save greece. it is not clear, because we are not seeing all the details. the reduction in debt that private debt holders are expected to take is not that big. it is a reduction of 20% in the net present value. unless the official debt is good to come in with gigantic amounts of money -- greece is going to still have a giant debt burden. it is difficult because the greek growth rate is not high and the government has trouble collecting taxes. unless greece suddenly becomes much more productive and competitive, it is likely they will have to come back and do another debt reduction further down . >> is this bailout ultimately political by leaders who want to save the eurozone, red and economic? >> when it comes to saving the eurozone, the two are intertwined. you could be more cynical and say it is to do
while. >>> a big scare in north carolina's outer banks. a 6-year-old girl attacked by a shark in a foot and a half of water. her mother was just a few feet away. luckily, this little girl survived. we're going to be there live in just a little while. >>> plus, important health advise for women, new recommendation on when and how often you should get a mammogram. it's confusing. it contradicts another recommendation that came out a year and a half ago. what are women to do. dr. nancy schneiderman will be here to sort it out. >>> let's begin with the dramatic end to the shuttle program this morning. tom costello is at the kennedy space center. you had a front row seat, what was it like? >> it was a dramatic and emotional day here. and now it's over. the space shuttle program ongoing for 30 years since '81 is now in the history books. "atlantis" came down at 5:37 eastern time. "atlantis" tracked 307 days in orbit. it came to rest on runway 1-5. the sights and sounds as "atlantis" came in for a landing. >> landing gear down and locked. having fired the imagination of a generation, a ship li
the president has a big birthday bash scheduled for august 3, celebrities flying in from all over. and lo and behold august 2 is the deadline for getting something done so that he can have this massive... maybe the biggest fund-raising dinner in history a birthday celebration. >> stephen: of course! obama just wants to raise the debt ceiling so he can raise the roof! (laughter and applause) and folks, it's his 50th birthday bash so he's going to be partying out with his hollywood buddies like beyonce, george clooney, matt damon, brad and angelina, skinny jonah hill. dumbledore. (cheers and applause) meanwhile, meanwhile, me and louie gohmert aren't even invited. i say we let the economy go down the (bleep). stupid birthday. we just have to make sure that this thing is fixed by august 18 because that's louie gohmert's birthday! and his party is going to be way better. it's going to be him, michele bachmann and steve king eating pizza at the corner booth. (applause) and i didn't get invited to that one, either. we'll be right back. (cheers and applause) with the hotels.com 48-hour sale, the
: this scandal may not seem like a big deal from afar but it's already left the prime minister scrambling, the head of scotland yard has resigned, and a skating parliamentary report accused rupert murdoch's company of deliberately trying to thwart a criminal investigation into the illegal activities of his newspaper here. >> isn't it time that we sent this non-tax paying murdoch back from whence he came? >> reporter: the prime minister didn't have to. murdoch boarded his private jet to fly home to the u.s. no doubt happy to leave london and all the turbulence behind. jeffrey cough rkofman, abc news loloon. >> certainly not over yet though as this continues to grow and we're investigating issues here. people, perhaps 9/11 victims, who might have had their cell phones hacked. >> it's scary. judging by the atmosphere there. and the number two, headlines in australia this morning, now that country may be stepping into the investigation to see if phone hacking occurred on their turf. so this thing's snowballing out of control. >> that's for sure. agreed. although you can hop in your private je
this if there is a framework. they are pushing for something big. trils of dollars in deficit savings the course of ten years. reminder of the moving parts that a deal like that would require the next several days major spending cuts, tax reform, entitlement reform and if democrats in the white house were to get their way, tax increases. you can see that is pretty much a heavy lift and so you still have a lot of people looking to a more modest deal that the top democrat and republican in the senate, harry reid and mitchell mcconnell are trying to work out which would be more spending cuts and perhaps more modest and perhaps giving the president the unenviable position to have to increase the debtcele himself with a minority support from congress. >> brianna keilar, thanks. >>> government is scrambling to pay its bills here is something americans don't want to hear. billions of dollars in your tax money is being wasted in afghanistan or worse. a new federal audit says that some of that cash may be funding, are you ready for this? the same insurgency that is killing americans. chris lawrence is at the pentagon
for further problems in spain and italy, and these problems would be so big that they could not be solved with a current instrument that we have. >> there is no simple formula, but patience is in short supply. and if the european union can't be made to work in its current form, then the alternatives are pretty stark. further integration, perhaps fiscal and, therefore, closer to a political union, all breaking the eurozone apart. finding a solution is one of the biggest challenges the e.u. has ever faced. chris morris, bbc news, brussels. >> the time is fast approaching when that summit will start and sum arrival is already taking place. james robbins is in brussels, and he joins me now. james, we've got certainly french and german banks with the most to lose with regard to greece, i suppose, and it's france and germany, the old motor of the european union, which, is it fair to say, is now driving what's going to be the answer to this problem? >> yes, whether it's the answer, that's the very big question. you're right, france and germany are trying to drive the process of presenting at the
for the tabloids. host: what about the broadsheets? guest: it is known occasionally. there was a big scandal about mp's expenses last year, which came from information that is the voice of -- information that is the will serve and got on a computer disk. my newspaper paid for that because they thought it was in the public interest. that is a rare instance of a broadsheet paper paying for information. for the tabloids, we call it checkbook journalism. salacious information about a night out on the town with a celebrity or pop star or encounters with celebrities. that culture has grown and become more insidious over the past 20 or 30 years. host: how would you describe, to help put it in perspective -- by the way, we will put the numbers on the screen as we continue this conversation about the phone hacking investigation in the u.k. prime minister cameron spoke this morning at a problem about it and we carry that live on c- span -- spoke this morning in parliament about it and we carry that live on c-span2. we carry rupert murdoch and rebekah brooks yesterday and we will speak about that. how do you
-old lynx who shuddered at the thought of diversity. >> we don't want it. just be a big muddle. we just want to preserve our race. >> reporter: the twins say they're quite liberal now, embracing medical marijuana after lynx was diagnosed with cancer freshman year and lamb sought relief from back pain and scoliosis. for lynx and lamb, grooming into white supremacy started at birth. they were nurtured on racist beliefs by their mother april, who is unapologetic about her parenting and her beliefs. >> we were christians, they would be singing christian rock songs. but we're not, we're white nationalists. so of course that's a part of our life and i'm -- i share that part of my life with my children. >> reporter: but today, april believes the girls are just falling into peer pressure. they're saying what everyone wants to hear so they won't be harassed anymore. let's face it, it's not popular to be a white separatist. and they want to be popular. the girls, however, say this is who they are. and that time, experience, and love has changed them for the better. lamb says, we just want to come from
a big difference to a lot of people. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: congress and the president labored again today to break the debt ceiling stalemate. there were conflicting signals, but no outward signs of movement. "newshour" congressional correspondent kwame holman begins our coverage. >> reporter: the u.s. capitol swirled today with claims of progress toward agreement on cutting the deficit and raising the government's borrowing limit. one report had it that house speaker john boehner and president obama were close to a major deal, but at the white house, press secretary jay carney quickly denied it. >> there is no deal. we are not close to a deal. we are-- obviously the president is in discussions with all the leaders of congress,
government loans six years ahead of time. the automakers made a big turnaround since its government bailout two years ago. of the 12 billion chrysler borrowed from taxpayers, $11.2 billion has been fully repaid. they are now forecasting 2011 earnings of as much as a half billion dollars. the company has cut costs of the jeep chrysler and dodge brands. >>> american express has been reporting big gains in the second quarter. revenue rose by 12%, exceeding analysts' expectations >>> the talking continues in washington, where president obama has now indicated he would back a short-term plan to raise the nation's debt ceiling and present financial default. the white house is pushing for a compromise that would cut the massive budget deficit, while increasing the borrowing power. and with its final mission complete, the space shuttle atlantis has secured its place in history. but with the space program now in question, thousands of nasa employees at kennedy space center will be laid off starting tomorrow. >> that's your money watch. for all of your business headlines, log onto money watch.com. in
, there's a lot of ways to save big buckles. going to the beach, house swapping, the cheapest to travel. all of it coming up. >> stand by at the newsdesk with a look at the headlines. >>> good morning, everyone. you mentioned, 140 million americans are sweltering under extreme heat again today. the combination of heat and humidity will make it feel like 110 to 115 degrees in some places. the recent heat is blamed for 22 deaths. the senate is expected to have a house plan if congress is adopting a balanced budget amendment. the bill would make debilitating cuts to medicare. a bill to do away with a lot iry for the u.s. visa heading to the house. millions of would-be immigrants take part in that lottery every year, hoping to get one of 50,000 visas. the supporters of the bill say the current lottery system is subject to fraud and could be exploited by terrorists. >>> as a new guideline on breast cancer screening now recommends that women get yearly mammograms starting at the age of 40. now, the guidelines come from the american college of obstetricians and gynecologists. but another major
're now at the president's big deal target, which we're not going to meet under the gang of six or any of the other constructs around here, cancel the social security tax holiday, borrow the money one more year, invest it in infrastructure, put millions to work, when those millions go to work, they'll be paying taxes, that'll reduce the deficit by about another quarter. we solved 3/4 of the problem without killing programs essential to the american people and without cutting taxes on the job creators. the gang of six is proposing that billionaires should see their taxes cut by about 25% or 30% that will help us balance the budget. time to get back to the real world and out of "alice in wonderland." the speaker pro tempore: the gentleman's time has expired. the chair recognizes the gentleman from pennsylvania, mr. thompson, for five minutes. mr. tompson: thank you, mr. speaker. since 1947, every august, the little league baseball world series is held in pennsylvania within pennsylvania's fifth congressional district. each year, little league international recognizes little league gradua
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